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Million Contract

Navy Awards Lockheed Martin $248 Million Contract

The U.S. Navy has awarded Lockheed Martin Space Systems-Missiles & Space Operations, Sunnyvale, Calif., a $248 million contract for the follow-on production of 12 Trident II D5 Fleet Ballistic Missiles (FBM) and start of the D5 service life extension (LE) program. Production of the missiles will begin in 2002, with an expected delivery to the Navy in 2004. Since serial production began in 1987, the U.S. Navy has purchased 396 TRIDENT II D5 submarine launched ballistic missiles (SLBMs).


Swiber Wins Siazable Offshore Contracts

Offshore construction & services provider Swiber wins SE Asia & Latin America contracts worth altogether about US$ 143-million. The contracts comprise an approximate US$100 million contract for offshore construction work in Southeast Asia; and an approximate US$43 million contract for the charter of a construction vessel that will be deployed to Latin America this year. Work for the US$100 million contract is expected to commence in Q1 2013 with expected completion by Q3 2013


Romanian Yard Close To Contracts

Romanian Black Sea shipyard Santierul Naval Constanta reportedly is close to clinching shipbuilding contracts worth the equivalent of $32 million with two big German companies this year. The yard was expected to sign a contract worth $20 million with Ferrostaal Essen and another $12 million contract with Thyssen-Krupp group. The shipyard, slated for selloff later this year and needing an annual $50 million in contracts to operate properly, has so far secured orders totaling $20 million


Malta Drydocks Loses $7M Conversion Contract

Hebridean Island Cruises has pulled out of a $7 million conversion contract with Malta Drydocks and awarded it to a British yard instead, the Malta company said on Tuesday. Scotland-based Hebridean had already issued a letter of intent in favour of Malta Drydocks for the conversion of a modern ship into an old style classic cruise liner, the Malta firm said. Malta Drydocks did not reveal the name of the U.K. yard or the name of the cruise liner


GD Contracted to Develop Advanced Submarine Technologies

General Dynamics Electric Boat has been awarded a $118-million contract by the US Navy for development of advanced submarine technologies General Dynamics Electric Boat has been awarded a $117.8 million contract modification from the U.S. Navy to develop advanced submarine technologies for current and future undersea platforms.  Electric Boat is a wholly owned subsidiary of General Dynamics. Under the terms of the modification


Dock Landing Ship Inspection, Test, Contract for GD NASSCO

USS Comstock: Photo credit USN

General Dynamics NASSCO gets $104-million contract modification for 'USS Comstock' (LSD 45) modernization. General Dynamics NASSCO has been awarded a $104 million contract modification from the U.S. Navy to renovate and modernize the dock landing ship USS Comstock (LSD 45).  General Dynamics NASSCO is a business unit of General Dynamics. General Dynamics NASSCO received funding to begin modifications to USS Comstock (LSD 45) in April 2012 and began performing onboard renovation and


NASSCO Awarded $230 Million Contract

National Steel and Shipbuilding Company (NASSCO), was granted a $230 million contract to build its eighth large, medium-speed RoRo vessel per the U.S. Navy's Strategic Sealift Program. The contract wraps-up the 20-vessel LMSR Program that NASSCO has shared with other American shipbuilders. The company now has contracts for 11 vessels, three conversions and eight new constructions. Measuring 950 ft. (289.5 m) and containing 390,000 sq. ft


Todd Shipyards to Perform Overhaul

Todd Pacific Shipyards Corp. received a $29 million contract from the Washington State Ferry Systems for the overhaul of its ferry M/V Yakima. The overhaul encompasses replacement of most of the lower vehicle deck; installation of the vessel's new furniture and fixtures; removal and reinstallation of propulsion motors, main diesel engines and propulsion generators. The work, which began upon the vessel's arrival at the shipyard on October 22, is expected to last 15 months.


Davie Wins Icebreaker Life Extension Work

Photo: Davie

Davie awarded vessel life extension (VLE) contract for Canadian Coast Guard (CCG) icebreaker vessel   Canadian shipbuilder Davie informs it has been awarded a $16 million contract to refit and upgrade the CCGS Henry Larsen, a CCG T1200-Class Icebreaker based in St. John’s, Newfoundland.   Medium icebreaker CCGS Henry Larsen is capable of sustained icebreaking and escort operations in the Arctic and Atlantic Region for the winter and summer seasons


General Dynamics Bags $19 Mln U.S.Navy Order

Electric Boat  Courtesy General Dynamics

General Dynamics Electric Boat has been awarded an $18.9 million contract modification for the continued development of the Virginia Payload Module (VPM). The funds will be used to procure two VPM pre-production setups to support the manufacturing start of the VPM payload tubes. The VPM will comprise four large-diameter payload tubes in a new hull section to be inserted in Virginia-class submarines. This modification brings the cumulative value of the overall Virginia-class Lead Yard


TWMA Bags £1.5 mln North Sea Contract with Apache

WilPhoenix platform in the North Sea Beryl field Photo TWMA

Global integrated drilling waste management and environmental services firm, TWMA, has recently secured a £1.5 million contract with Apache on the WilPhoenix platform in the North Sea Beryl field.   As part of TWMA’s fully integrated waste management solution


General Dynamics Bags US Navy's VPM Contract

Courtesy  General Dynamics

General Dynamics Electric Boat has been awarded a $116 million contract modification for the continued development of the Virginia Payload Module (VPM). Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD). The VPM will comprise four large-diameter payload tubes in a new


Great Lakes Dredging Awards Announced

Courtesy Great Lakes Dredge & Dock Corp

Great Lakes Dredge & Dock Corporation announced that it was recently awarded four contracts with an approximate value of $93 million. Great Lakes received two awards for coastal protection work required along the East Coast as a result of the extensive damage caused by Super Storm Sandy in


Austal JV Wins First Ferry Contract

Image: Austal Limited

Aulong Shipbuilding, a joint venture company formed by Austal Limited and Guandong Jianglong Shipbuilding of Zhuhai, China, has won the first ferry contract to build a 42 metre high speed aluminium ferry for Chinese mainland operator Blue Sea Jet.


Norwegian Fish Food Carrier to Run on LNG

Image: NSK Ship Design

Rolls-Royce inks $6.5 million deal to supply a LNG propulsion package for a newbuild fish food carrier vessel   Rolls-Royce has signed a $6.5 million contract with Tersan Shipyard in Turkey to supply a liquefied natural gas (LNG) propulsion package for a cargo carrier designed by NSK Ship


BAE Systems Gets $671 Mln Contract for UK Warship Project

Image: BAE Systems

British defence company BAE Systems has won a 472 million pound ($671 million) contract from the UK government to continue with work to prepare for the building of eight anti-submarine warships.   Britain confirmed in its defence spending plan last November that it would buy eight of the


Ingalls Awarded $618 Mln to Build DDG 123

Huntington Ingalls Industries' (HII) Ingalls Shipbuilding division has received a $618 million contract modification to fund construction of the Arleigh Burke-class (DDG 51) guided missile destroyer DDG 123 for the U.S. Navy. The ship is the fourth of five destroyers the company was awarded in


Chronopost Inks $2.8 Mln Deal with Reftrade

Vincent Bassetto (Photo: Reftrade)

Reftrade has secured a $2.8 million contract with international shipping and delivery company Chronopost International, to install refrigerated cold rooms on multiple platforms and distribution hubs throughout France. Reftrade’s French division


Great Lakes Inks M.E., N.C. Coastal Protection Project Deals

President of Dredging Operations David Simonelli Photo Great Lakes

Great Lakes Announces $55 Million in Subcontract Work in the Middle East and Award of $38 Million for a Domestic Coastal Protection Project Great Lakes Dredge & Dock Corporation (“Great Lakes”) (NASDAQ:GLDD), the largest provider of dredging services in the United States and a


BAE Systems Bags USN Award for Submarine Propulsors

Driving Virginia Class Forward Photo BAE Systems

BAE Systems has received a $72 million contract from the U.S. Navy to produce and deliver propulsor systems for Block IV Virginia-class (SSN 774) submarines. The award continues the company’s current position as the premier provider of propulsors to the U.S. undersea fleet.  


Australia Orders Replacement Replenishment Ships

HMAS Success Photo RAN

  The Government has signed contracts with Navantia S.A. to build Australia’s two replacement replenishment ships, avoiding a critical capability gap.   Australia’s current supply ship HMAS Success will reach its end of life in 2021 and needs to be replaced as a matter of


US Navy Awards Austal $18.5 Mln Procurement Deal

File photo: Austal

Austal USA announced it has secured a $18.5 million contract to procure long-lead materials for the 12th Expeditionary Fast Transport vessel (EPF) for the U.S. Navy, including main propulsion engines, generators, water jets, main reduction gears and other long-lead time items.  


HII Secures Aircraft Carrier Planning Contract

Rendering of the third ship in the Ford class of aircraft carriers, Enterprise (CVN 80) (Image: HII)

Huntington Ingalls Industries (HII) was awarded a $152 million contract for advance planning for the construction of the third aircraft carrier in the Gerald R. Ford class, Enterprise (CVN 80), named in honor of the U.S. Navy’s first nuclear-powered aircraft carrier, USS Enterprise (CVN 65)


BAE Systems Contracted to Maintain Two US Warships

USS Farragut (Photo courtesy of U.S. Navy)

BAE Systems has been awarded contracts from the U.S. Navy for the repair and maintenance of two ships based in Jacksonville, Fla. The contracts come within days of one another and have a combined value of $61.7 million and a cumulative value of $68.6 million if all options are exercised.  


Xeneta: No Silver Lining for Container Shipping in Brexit Storm

Xeneta, a  global benchmarking and market intelligence platform for containerized ocean freight, believes that the UK’s decision to leave the European Union will impact negatively on all parties involved in the container shipping segment – from shippers






 
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